OFF MARKET

1 Ferrier Drive
Marengo VIC 3233

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 919m2
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Property Details for 1 Ferrier Dr, Marengo

Building Type
Land
Land Size
919m2
Local Government
Colac Otway
Lot/Plan
1~2/PP5501

Last Listing description (January 2016)

Is just 300m to sand and surf of the beautiful local beach, with Marengo Reef and the blue of the Great Southern Ocean as the backdrop, as well as the start of The Great Ocean Walk. There is direct access to a historic tramway easement along the rear boundary, now a linear reserve for native animals and birds and a grassed walkway that provides easy barefoot access to the beach with shade on those hot days.
Bright, Fresh, Cosy and Comfortable 3 plus small study or if you wish 4 bedroom home, that provides well for easy going holiday or permanent living, in a delightful and easily maintained native garden setting.
The rear of this generous 1127m2 fenced allotment is private, where the owners enjoy bird watching, nature and local fauna, including a resident koala. Ideal for gatherings, there is also abundant space for multiple cars, boat or trailer parking and the possibility to subdivide into 2 lots (STCA DDO7) with ample room for a large second dwelling, if desired.

Other features include wood heater, updated bathroom, dark stained timber floors, double glazed front windows, electrical rewiring, large timber sun deck, study, double steel garage with storage and workshop area.
Inspect by appointment through agent in conjunction:
http://doubledayrealestate.com.au

Property History for 1 Ferrier Dr, Marengo, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$117,000
09 Jan 1998
  • 08 Nov 2015
    Listed for Sale $465,000 to $505,000
  • 09 Jan 1998
    Sold for $117,000

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About Marengo 3233

The size of Marengo is approximately 2.7 square kilometres. It has 3 parks covering nearly 8.1% of total area. The population of Marengo in 2011 was 222 people. By 2016 the population was 229 showing a population growth of 3.2% in the area during that time. The predominant age group in Marengo is 60-69 years. Households in Marengo are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Marengo work in a trades occupation. In 2011, 84.4% of the homes in Marengo were owner-occupied compared with 65% in 2016.

Marengo has 357 properties. Over the last 5 years, Houses in Marengo have seen a 48.79% increase in median value, while Units have seen a -9.99% decrease. As at 31 October 2024:

  • The median value for Houses in Marengo is $1,147,316 while the median value for Units is $421,124.
  • Houses have a median rent of $280.
There are currently 4 properties listed for sale, and no properties listed for rent in Marengo on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Marengo.

Suburb Insights for Marengo 3233

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.